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The Treasury Department has released a comprehensive report on the role of labor unions in the American economy, as part of the White House Task Force on Worker Organizing and Empowerment led by Vice President Harris. The report highlights that unions help address middle-class challenges like stagnant wages, high housing costs, and reduced mobility, contributing to a stronger economy. Key findings include unions raising member wages by 10-15%, improving workplace benefits, and fostering civic engagement. Unions also reduce wage gaps and promote economic growth by reducing inequality. The Biden-Harris Administration supports unions and plans to advance their role through various actions, including passing the PRO Act and expanding the National Labor Relations Board's funding and enforcement activities.

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this post was submitted on 09 Sep 2023
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unions

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